Schedule P Preparation

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What You Will Learn:

Participants will acquire an understanding of the contents, uses and analytical value of Schedule P of the P&C Annual Statement, and of the techniques used in the preparation of each of its seven parts. This seminar is specifically targeted to those who will be preparing Schedule P, and also to those who desire a comprehensive understanding of the relationships within Schedule P to facilitate review and to provide a basis for analysis. Examples and extensive case studies will be used. Part 3 of the Quarterly Statement is also discussed.

Seminar Content:

• Loss and loss adjustment expense concepts
• Schedule P structure and concepts
  • Pooling considerations
• Premium, loss and LAE information - Part 1
• Loss history - Parts 2 through 4
• Claim counts - Part 5
• Premium development - Part 6
• Overview of loss-sensitive information - Part 7
• Quarterly Statement Part 3 - Loss and Loss Adjustment Expense Reserves Schedule

Field of Study: Accounting

Who Should Attend:

Anyone who will be involved in the preparation of Schedule P or desires a detailed base of knowledge for review and analysis.

Prerequisites:

No advance preparation or prerequisite is required for this basic level seminar.

Class Times:

Class begins at 8:30 a.m. and ends at 5:00 p.m. on the first day and at 12:15 p.m. on the second day.

Estimated CPE Credit: 12.0 hours

Tuition: $1395

Note(s):

The combined tuition if both the Schedule P Preparation and Loss Reserve Analysis seminars are taken together is $2,390, a $400 savings.

Upcoming seminar dates and locations:

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